Draft of new EU law proposes sweeping restrictions on online games
The EU Commission has proposed the EU KIDS Act, which would introduce significant restrictions on online games sold within EU territories. These proposed rules aim to curb excessive use by minors, restrict communication between users, and increase transparency on in-game currencies and lootboxes. Separately, Nex Playground announced securing $150 million in funding as its active console sales surpass one million units, with plans for international expansion.
- Entities
- Topic: Online Games Regulation
- Platform: Nex Playground
- Game: Roblox
- Topic: Youth Protection
- Person: Jeff Shouger
- Person: Bing Gordon
- Topic: Monetization Transparency
- Company: EU Commission
- Company: Baillie Gifford
- Person: Alexander Nicolier
- Company: Niantic
- Company: Zynga Games
- Person: Andreas Lober
- Person: David Lee
- Topic: Loot Boxes
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